No-KYC is a misleading statement because according to -->
https://snapswap.io/app/aml-kyc Section 3 I quote the following:
KYC on Demand
We ask for identity documents only when:
a. A third-party liquidity partner requires it, or
b. We receive a valid law-enforcement or court request.
.
.
Users have 72 hours to complete KYC. Refusal keeps funds on hold until the partner or authority decides on release or confiscation.
So again, even if the transaction passes your AML test and is frozen by liquidity partner, KYC will still be required.
If you truly want to be no-KYC, it's better to bear any losses incurred if liquidity partner freezes the transaction.
You can continue to promote your service as
Instant Crypto-to-Crypto Exchange. You have competitive fees, and if you can prove you're a registered company with a registration number and tax information, I don't think anyone will be bothered by KYC. However, I haven't found any legal information
[1] related to the service.
[1]
https://snapswap.io/app/about